VOL. XXXV

NO. 7

18-NOVEMBER-1991

General

Importing Countries Derived more Revenue from Oil than ExportingCountries, Says OIES

According to a study recently carried out by the Oxford Institute forEnergy Studies (OIES), some oil importing countries derived more income frompetroleum than the largest OPEC countries in the years following the oil pricecrash of 1986. The study, entitled Petroleum Products Taxation in OECD andDeveloping Countries and OPEC's Oil Revenues, shows that OPEC petroleum export...